From the vast universe of investment management stocks, today we pick Eaton Vance Corporation (EV - Free Report) for you. The company offers a profitable investment opportunity based on steady earnings growth and robust fundamentals.
It has been witnessing upward estimate revisions, reflecting analysts’ optimism about its earnings growth potential. In the last 30 days, the Zacks Consensus Estimate for 2019 and 2020 displayed an upward trend.
Further, this Zacks Rank #2 (Buy) stock has gained 0.5% in the last three months compared with the industry’s rally of 5%.
Eaton Vance has a number of other aspects that make it an attractive investment option.
Why Eaton Vance is a Must Buy
Earnings per Share Growth: In the last 3-5 years, Eaton Vance witnessed EPS growth of 4.8%. Further, its long-term (3-5 years) expected EPS growth of 14.3% promises reward for shareholders.
Revenue Strength: Eaton Vance’s revenues witnessed a CAGR of 4.1% in the last five years (2014-2018), with some annual volatility. This indicates the stock’s superiority in generating revenues. Also, the company’s diverse product offerings and investment strategies will continue to attract investors, which are expected to support revenue growth.
Superior Return on Equity (ROE): Eaton Vance’s ROE is 35.94% compared with the industry average of 13.54%, highlighting the company’s commendable position over its peers.
Other Stocks to Consider
Oaktree Capital Group, LLC has been witnessing upward estimate revisions for the past 30 days. In addition, this Zacks #2 Ranked stock has rallied more than 8% in the past three months. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
M&T Bank Corporation (MTB - Free Report) has been witnessing upward estimate revisions for the past 30 days. Further, the company’s shares have gained 4.9% in the past three months. At present, it carries a Zacks Rank of 2.
Hamilton Lane Inc. (HLNE - Free Report) has been witnessing upward estimate revisions for the past 30 days. Additionally, the stock has jumped around 18.5% in the past three months. It currently carries a Zacks Rank #2.
Today's Best Stocks from Zacks
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This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
From the vast universe of investment management stocks, today we pick Eaton Vance Corporation (EV - Free Report) for you. The company offers a profitable investment opportunity based on steady earnings growth and robust fundamentals.
It has been witnessing upward estimate revisions, reflecting analysts’ optimism about its earnings growth potential. In the last 30 days, the Zacks Consensus Estimate for 2019 and 2020 displayed an upward trend.
Further, this Zacks Rank #2 (Buy) stock has gained 0.5% in the last three months compared with the industry’s rally of 5%.
Eaton Vance has a number of other aspects that make it an attractive investment option.
Why Eaton Vance is a Must Buy
Earnings per Share Growth: In the last 3-5 years, Eaton Vance witnessed EPS growth of 4.8%. Further, its long-term (3-5 years) expected EPS growth of 14.3% promises reward for shareholders.
Revenue Strength: Eaton Vance’s revenues witnessed a CAGR of 4.1% in the last five years (2014-2018), with some annual volatility. This indicates the stock’s superiority in generating revenues. Also, the company’s diverse product offerings and investment strategies will continue to attract investors, which are expected to support revenue growth.
Superior Return on Equity (ROE): Eaton Vance’s ROE is 35.94% compared with the industry average of 13.54%, highlighting the company’s commendable position over its peers.
Other Stocks to Consider
Oaktree Capital Group, LLC has been witnessing upward estimate revisions for the past 30 days. In addition, this Zacks #2 Ranked stock has rallied more than 8% in the past three months. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
M&T Bank Corporation (MTB - Free Report) has been witnessing upward estimate revisions for the past 30 days. Further, the company’s shares have gained 4.9% in the past three months. At present, it carries a Zacks Rank of 2.
Hamilton Lane Inc. (HLNE - Free Report) has been witnessing upward estimate revisions for the past 30 days. Additionally, the stock has jumped around 18.5% in the past three months. It currently carries a Zacks Rank #2.
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.
This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.
See their latest picks free >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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